Property investors who have had real estate in Beldon, 6027 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.24%

If we look at median property appreciation over just the last three months, Beldon has given property investors a paper return of -2.49%. This puts Suburb as 277 on a list of fastest fasting appreciating suburbs in WA

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.24% offered to property buyers. Sellers in Beldon itself are offering an average vendor discount of -5.66% to real estate investors.

On average over the past year, suburb has had 5.50 sales per month, which equates to 66 per year.

With the median price for a house in Beldon being $470000 and the advertised rent reaching $365 the gross rental yield for property investors calculates out to be 4.04%

Information supplied by:

Lisa LeMay
Davey Real Estate

M
9402 4255O
0414 746 594

W
www.daveyrealestate.com.auE
lisal@daveyre.com.au

At number 1056th in the list of Australian suburbs ordered by increase in median house value over the last year, Beldon, 6027 is in the top 30% with a property value increase of 5.34% recorded in median house prices.

Comparing Beldon,6027 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Beldon, 6027 is offering WA ‘s 446th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.Full summary

Beldon is named after an early landowner in the area, AW Beldon. Established in 1974 the suburb is approximately 3 sq kilometres with a population of around 4000 people. Property owners and investors have seen a 9% growth over the last year and 10.1% over the last 10 years. With proposed rezoning around Edgewater Train Station to R40/60, Beldon is a sound investment option.

At number 1056th in the list of Australian suburbs ordered by increase in median house value over the last year, Beldon, 6027 is in the top 30% with a property value increase of 5.34% recorded in median house prices.

Comparing Beldon,6027 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Beldon, 6027 is offering WA ‘s 446th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.

Located within the City of Joondalup the suburb has 2000 dwellings of those 23% are currently rented. Just a 5 minute drive to Hillarys boat harbour the suburb enjoys a steady 9% growth in values each year and this is sure to continue well into the future with demand continually outstripping supply. Rental properties within the suburb are always in high demand with average rents achieving $430.00 per week.

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 9%, investors should hope to achieve an overall return of 4.58%

Selling points: Close to the coast and beaches, Hillary’s Boat Harbour, freeways, schools and public transport.

Most sought after properties: 4 bedroom 2 bathroom homes are in highest demand.

Most common properties: 3 bedroom 1 bathroom homes are the most common properties

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